The foreign minister said that despite international sanctions, the framework for developing Hungarian-Iranian economic cooperation is in place.
During an officil visit to Tehran, Péter Szijjártó said that although the global situation is complicated and punitive measures against Iran are still in force, there are several promising fields of cooperation. Speaking at a session of the bilateral economic mixed committee in Tehran, the minister said Hungarian products and services are competitive in the global market, with Hungary producing the tenth highest export-to-GDP ratio in the world. Minister Szijjártó was accompanied by the chief executives of seven companies involved in agriculture, food industry, water management, health and energy industry, during the visit. The minister said that all conditions for developing inter-company cooperation were in place.
The minister said bilateral relations are free of political disputes, adding that Hungary’s parliament had ratified the bilateral investment protection agreement earlier this week and the two countries concluded a customs agreement to eliminate administrative trade barriers. Hungary and Iran have agreed to recognise one another’s immunity certificates, he said, adding that more than 2,000 Iranian students are studying at Hungarian universities and colleges.
Photo credit: Facebook/Szijjártó Péter